A trio of brothers hid their offshore bank accounts worth millions for over a decade, and the long arm of the law has finally caught up to them. The IRS is taking much stronger measures to seek out hidden foreign bank accounts and tax evasion....
Read MoreHe was an apparently savvy emeritus professor of business administration. Dan Horsky amassed a fortune of $200 million by investing in start-ups, according to an article in the Wall Street Journal. However, Horsky recently paid half of that -- $100...
Read MoreHere in our tax law blog serving readers in Chicago, Cleveland and across the U.S., we have repeatedly reported on the Internal Revenue Service’s attempts to crack down on tax evasion. One of the more publicized efforts has been the agency's pursuit...
Read MoreTheir names and acronyms might not roll off of the tongue, but there is no denying the importance of the American Institute of Certified Public Accountants (AICPA), Internal Revenue Service (IRS), the Financial Crimes Enforcement Network (FinCEN)...
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